Last $3.37 USD
Change Today -0.05 / -1.46%
Volume 322.4K
ERII On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 8:10 PM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

energy recovery inc (ERII) Snapshot

Open
$3.41
Previous Close
$3.42
Day High
$3.48
Day Low
$3.30
52 Week High
03/6/14 - $6.98
52 Week Low
10/1/14 - $3.30
Market Cap
174.8M
Average Volume 10 Days
367.7K
EPS TTM
$-0.14
Shares Outstanding
51.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ENERGY RECOVERY INC (ERII)

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energy recovery inc (ERII) Details

Energy Recovery, Inc. designs, develops, and manufactures energy recovery devices (ERDs) that transform untapped energy into reusable energy from industrial fluid flows and pressure cycles. The company’s products include PX ERDs and turbochargers for water desalination; AT and Halo turbochargers for low-pressure brackish and high-pressure seawater reverse osmosis systems; Pressure Exchanger energy recovery devices and turbochargers; and high-pressure pumps under the trademarks of AquaBold and AquaSpire. It also offers energy recovery systems comprising turbines and industrial pumps, as well as PX devices; and lsoGen systems that enable oil and gas operators to capture hydraulic energy and generate electricity from high-pressure fluid flows. In addition, the company provides engineering, technical support, and training services; and preventive maintenance and support services, as well as replacement parts and reinstallation services. It serves engineering, procurement, and construction firms that design and build large desalination plants; and original equipment manufacturers, as well as exploration and production companies. The company markets its products directly to customers through its sales organization, as well as through authorized independent sales agents in the United States and internationally. Energy Recovery, Inc. was founded in 1992 and is headquartered in San Leandro, California.

118 Employees
Last Reported Date: 11/10/14
Founded in 1992

energy recovery inc (ERII) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $420.0K
Chief Technology Officer
Total Annual Compensation: $242.0K
Chief Marketing Officer
Total Annual Compensation: $237.0K
Compensation as of Fiscal Year 2013.

energy recovery inc (ERII) Key Developments

Federman & Sherwood Announces Filing of Securities Class Action Lawsuit against Energy Recovery, Inc

On January 20, 2015, a class action lawsuit was filed in the United States District Court for the Northern District of California against Energy Recovery, Inc. The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the class period, which is March 14, 2012 through January 13, 2015. Plaintiff seeks to recover damages on behalf of all Energy Recovery, Inc. shareholders who purchased common stock during the class period.

Mr. Thomas S. Rooney, Jr. to Resign as Chief Executive Officer

Energy Recovery Inc. announced that as part of its continuing diversification, Mr. Thomas S. Rooney, Jr. will be resigning as Chief Executive Officer to facilitate a transition during which the company will identify and appoint a successor to further lead the company's efforts in the oil and gas industry while continuing to strengthen its position in desalination.

Energy Recovery Wins Contract for Large Desalination Plant in UAE

Energy Recovery announced that it has won a contract to integrate its PX Pressure Exchanger water desalination and energy recovery technology to the Mirfa mega desalination plant in Abu Dhabi, United Arab Emirates. Upon full integration of the new technology, the Mirfa plant will have a total generating capacity of 1,600 megawatts of electricity and 240,000 cubic meters of drinking water per day.

 

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ERII Competitors

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Company Last Change
Flowserve Corp $55.78 USD +0.36
KSB AG €430.51 EUR -1.51
Pentair PLC $63.98 USD -0.27
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Industry Analysis

ERII

Industry Average

Valuation ERII Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 4.6x
Price/Book 2.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 3.8x
 | 

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